sinclair "tectonic shift by U.S. Gov & Fed, now plan to raise gold price"

[Large Sarge]

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/7_Sinclair_-_Stunning_Shift_In_US_Government_%26_Fed_Gold_Poli cy.html

[mamboni]

Sinclair says that going forward the FED will embrace gold and even encourage price to increase. Hmmmmmm?

I think the FED will embrace gold when it is forced to do so by the free gold price. At that price, the Treasury will bid gold and establish a true equilibrium gold price. What is that price? Who knows. But, I think is is multiples higher than present spot, around $1582.

[gunDriller]

i wonder about the effect of this change, if Jim is right (about Gold), on Silver.

will it ride Gold's coat-tail's ?

[Hatha Sunahara]

So, this is how they plan to devalue the dollar?! This will cause global hardship for everybody who gets paid in fiat money and can't raise their prices. Like people who work for a living. I suppose all the other currencies will follow suit. In a sense, people who own gold will only get richer because everybody else will be poorer. I presume for some folks here it will be difficult to not curse the sheeple out loud, and also to not let their good fortune go to their heads. I'll pull out the Champaign when POG gets to $3000. My toast will be: Here's Champaign for our real friends, and real pain for our sham friends. (Sarc)


Hatha

[old steel]

Ammo will be the new gold.

[Horn]

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/7_Sinclair_-_Stunning_Shift_In_US_Government_%26_Fed_Gold_Poli cy_files/shapeimage_22.png

Using her X-ray vision to see if anyone can tell the Tungsten difference.

[osoab]

So Seligman has gold to sell?

[vacuum]

If gold increases, will silver follow?

[osoab]

If gold increases, will silver follow?

In your wet dreams.

[Jewboo]

Ammo will be the new gold.



Already is. The nationwide "shortage" caught many flat footed. I'm still surprised that a .22 bullet can't be found in most areas. A .22 bullet.

:(?? the price for a .22 bullet (if you can find any) tripled while gold and silver are still going down...

[Horn]

In your wet dreams.

4681

[gunDriller]

So Seligman has gold to sell?

ballpark, 100 tons a year.

you'd have to check out the TRE website to find more info.

[Neuro]

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/7_Sinclair_-_Stunning_Shift_In_US_Government_%26_Fed_Gold_Poli cy_files/shapeimage_22.png

Using her X-ray vision to see if anyone can tell the Tungsten difference.
Looks like she is shopping in Queens Mall...

[Hatha Sunahara]

As usual, Sinclair leaves the timing of this 'tectonic shift' open. There has been another aggressive attack on the gold price yesterday. It's going up today. We'll know when this shift happens if the POG goes up over 1600 and doesn't come right back down immediately. That could take weeks or months. If they let POG rise, it will hasten the collapse of the dollar. So, the question is, will they do this before the dollar collapses and bring on the collapse, or will they wait for the dollar to collapse on its own, and then allow POG to rise? I forsee the latter. They have to loot the world first.


Hatha

[Hatha Sunahara]

And again today I see another attack of POG. They won't let the price rise until they have looted everything. So, the next question is how long will that take?



Hatha

[mamboni]

And the rape of Cyprus is now complete:


http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://gold-silver.us/users/tyler-durden)

Here
We Go: Cyprus To Sell €400 Million In Gold, About 75% Of Its Total Holdings, To
Finance Part Of Its Bailout (http://www.zerohedge.com/news/2013-04-10/here-we-go-cyprus-sell-%E2%82%AC400-million-gold-finance-part-its-bailout)

Submitted by Tyler Durden (http://gold-silver.us/users/tyler-durden) on
04/10/2013 - 10:38
Curious why every bank and their grandmother, and most recently Goldman
today, has been lining up to push the price of gold as low as possible? Here's
why:



CYPRUS TO SELL 400 MLN EUROS WORTH OF GOLD RESERVES TO FINANCE PART
OF ITS BAILOUT - TROIKA DOCUMENTS - RTRS



Or about 10 tons of gold. But... the bailout was prefunded and there was no
need to provide any additional cash? What happened: was the deposit outflow
discovered to have been even greater than the worst case scenario and thus
Cyprus needed even more cash? As for the buyers? We
will venture a guess: central banks buying at the lows.

Finally: congratulations Cypriots. You are now handing over your gold for the
one time, unbeatable opportunity to remain a vassal state to the Eurozone. But
at least you have your €.



http://www.zerohedge.com/news/2013-04-10/here-we-go-cyprus-sell-%E2%82%AC400-million-gold-finance-part-its-bailout


Mamboni comments: The banksters want the gold, more than anything else. When Bernanke said gold is not money he showed himslef to be a liar and a criminal. All of this scam, the Euro scam, the Federal Reserve, and fractional reserve banking with manipulated interest rates is all about looting the people of their wealth and taking the only tangible money thay have, gold.

[gunDriller]

if we had better info about Precious Metal stockpiles, we could more accurately predict the time when the Cartel Scam collapses.

obviously related to running out of physical, though i'm sure the Banksters will sprinkle the situation with all sorts of side benefits for themselves.

but no way i'm giving Jeff Christian any $ for one of his Gold or Silver yearbooks, which might hve some of this information about "where the physical is."


the one 'Curve Ball' in all this, is physical owned by the Miners. Barrick, for example. They are certainly run by & for TPTB. Staffed with people like GHW Bush, Adnan Khashoggi, and the Shabbas Goyim that work for them. They have stockpiles of physical for the Banksters to dig into for their raids, and the miners also depend on the bullion banks, as well as refiners like NTR, to be 'market-makers' for the finished product.


to a large extent, what the Cartel does is to place on sale Real Money, much of which is purchased by people who DETEST the US-English-Bankster government and their Comex/LBMA schemes.

can it be as simple as that ?

i doubt it. i have a hunch that the Banksters have some Plans B & C up their sleeves. confiscatory "Windfall" taxation for when Gold goes to $4000 or $10,000 an ounce. which will only drive the market further underground.

i can see Coin Shows becoming more and more "Outlaw", as old-fashioned citizens sell their wares without government interference.

[osoab]

yep, it's going up...

[Libertarian_Guard]

yep, it's going up...

Oh yes, up, up and away.